The Market of Aerospace Ducting to grow beyond US$ 3.5 billion by 2024

The new report of Stratview Research analyses the Aerospace Ducting Market over the trend period from 2013 to 2018 and forecast period from 2019 to 2024. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Salient Features of the Report

The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
• Strategic segmentation
• Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Detailed Competitive Rivalry landscaping
• Market trend and forecast analysis
• Future Growth Boulevards

Get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/105/aerospace-&-defense-ducting-market.html

An overview: Increasing demand for lightweight ducting

The aerospace ducting market is likely to grow at a healthy rate during the forecast period to reach US$ 3.5 billion in 2024. Increasing deliveries of commercial and regional aircraft, increasing the share of wide-body aircraft in the commercial aircraft deliveries, rising aircraft fleet size, and increasing demand for lightweight ducting are the major growth drivers of the market. Ducting is an integral part of the fluid conveyance system and is used in low- as well as high-pressure and high-temperature areas of fixed-wing and rotary wing aircraft for civil and military applications.

Commercial aircraft: The growth engine

The Aerospace ducting market is segmented based on the aircraft type as Commercial Aircraft, Regional Aircraft, General Aviation, Helicopter, Military Aircraft, and Others. The commercial aircraft is projected to remain the largest and fastest-growing segment of the aerospace & defense ducting market during the forecast period, driven by increasing production rates of the best-selling aircraft, such as A320 family, B737, B787, and A350XWB, rising aircraft fleet size, and development of high-thrust engines. Composites ducting is likely to witness the highest growth over the next five years, propelled by a continuous replacement of heavy metals including aluminum and stainless steel with composites in low-pressure & low-temperature and low-pressure & high-temperature applications.

Dominance of: High-pressure ducting segment

Based on the duct type, the high-pressure-ducting segment is likely to remain the largest and faster-growing duct type during the forecast period. High-pressure ducts are deployed throughout the aircraft, from the engines, through the fuselage, to the leading edges of the wings. The major applications of high-pressure ducting are environmental control systems (ECS), engine bleed air, thermal anti-ice systems, APU air intake/exhaust, fuel tank inerting systems, and engine starter duct systems. All the major players are using high-temperature metals, such as titanium and stainless steel, and composites to provide optimum ducting solutions.

A highly/moderately/fragment consolidated Market

The key aerospace engine manufacturers are CFM, GE Aviation Engines, Pratt & Whitney, and Rolls-Royce. The key aircraft OEMs are Boeing, Airbus, Lockheed Martin, Bombardier, Embraer, ATR, Cessna, and Gulfstream. The key ducting manufacturers for the aerospace & defense industry are Eaton Aerospace, Senior Aerospace, PFW Aerospace, Arrowhead Products, Triumph Group, Zodiac Aerospace, and Unison Industries. New product development, the formation of long-term contracts, and collaboration with OEMs are the key strategies adopted by the key players to gain a competitive edge in the market.

Regional Hegemony of North America

Based on the regions, North America is expected to remain the largest market for global aerospace & defense ducting over the next five years. The region is the manufacturing capital of the aerospace & defense industry with the presence of several major players, such as Boeing, Lockheed Martin, and Bombardier and the presence of major ducting manufacturers. Asia-Pacific is likely to experience the highest growth, driven by the commencement of commercial and regional aircraft manufacturing in China and Japan, the introduction of offset policy, and increasing defense spending.

Comprehensive Market Coverage

Click Here for Other Reports from Stratview Research in the Aerospace & Defense Industry: https://www.stratviewresearch.com/market-reports/Aerospace-Defense.html

400 Renaissance Center,
Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Phone No. +1-313-307-4176
Email-sales@stratviewresearch.com

Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.

This release was published on openPR.